SOUTH SAN FRANCISCO-Hines has put three south City properties up on the auction block. The Houston-based developer plans to unload properties in South San Francisco located at 701, 650 and 901 Gateway. The properties were developed in 1995.

The three buildings headed to the market are all fully leased. 701 Gateway is a six-story structure, with over 170,000 sf of rentable space. Major tenants include Actuate Corporation, which specializes in internet-based information delivery systems, and Rockwell International, manufacturer of communications products. 650 Gateway is a 100,000 sf facility fully leased to Coulter Pharmaceuticals. Advanced Medicine Incorporated is the current tenant at the three-story R&D building at 901 Gateway.

The sale is expected to bring in up to $130 million for the developer. CB Richard Ellis out of Foster City is representing Hines.

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